Texas is what is known as a "community property state." In short, that means that most assets that you acquire following your marriage belong equally to you and your spouse. Assets you acquired prior to the marriage is usually considered separate property and not...
Month: August 2019
Don’t let a gray divorce derail your future plans
On behalf of MARVEL & WONG, PLLC | Aug 23, 2019 | Divorce
Gray divorces are often rougher than divorces for younger people. Not only has the couple involved reached an age where they likely thought their lives were going to be pretty much settled, but they may have decades invested in their marriage. Further, the financial...
Divorce later in life will impact your plans for retirement
On behalf of MARVEL & WONG, PLLC | Aug 21, 2019 |
Perhaps you and your spouse are facing divorce after decades of married life. You are in your 50s or 60s now and may not have thought about the many ways this will affect your future.To begin with, a "gray divorce," as it is sometimes called, will impact the plans you...
What do your children want to tell you during your divorce?
On behalf of MARVEL & WONG, PLLC | Aug 16, 2019 | Divorce
As a parent, you don't want to burden your child with too many details about your divorce. It's not healthy. Unfortunately, you may also not know exactly what to say to your child about your divorce, either.If communication between you and your children regarding your...
Divorcing and have a special-needs child? Read this
On behalf of MARVEL & WONG, PLLC | Aug 9, 2019 | Family Law
Divorce with children involved is always complex -- but especially so when that child has special needs.Under Texas laws, child support doesn't automatically end when a special needs child turns 18. It can continue indefinitely. That's why it is particularly important...
What can make divorce more expensive than normal?
On behalf of MARVEL & WONG, PLLC | Aug 2, 2019 | Divorce
According to the most recent information available, the average divorce in this country costs right around $15,000. While that sounds like a lot of money, keep in mind the fact that it's an average -- which means that some divorces cost substantially less and others...
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